Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

India Flavors Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India flavors market reached a value of INR 3,569 Crore in 2021. Looking forward, IMARC Group expects the market to reach INR 5,978 Crore by 2027, exhibiting at a CAGR of 9.0% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Flavors refer to additive compounds that are widely used to enhance the smell and taste of numerous products ranging from confectionery items to health supplements. Based on the derivates, flavors are categorized into nature identical, artificial, and natural variants. Some of the commonly used natural ingredients of flavors include spices, herbs, barks, flowers, etc., whereas chemical additives comprise of ethyl maltol, diacetyl, ethyl propionate, etc. Flavors are extensively utilized in baked goods, dairy products, beverages, packaged snack items, pharmaceuticals, etc. Apart from this, they are also adopted for non-food applications, including personal care products, cosmetics, pet food, animal feed, etc.

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

India Flavors Market Trends:

The expanding food processing industry, along with the increasing demand for packaged, ready-to-eat food items and beverages, is primarily driving the India flavors market. Moreover, the rising utilization of flavoring ingredients in bakery and confectionery items, ice-creams, smoothies, energy drinks, etc., is also propelling the market growth in the country. Additionally, the elevating levels of urbanization and increasing penetration of numerous western food trends are further augmenting the demand for flavoring agents. The escalating popularity of processed and shelf-stable food products, such as noodles, soups, cake mix, RTD tea and coffee, juices, etc., particularly among the millennial consumers, is catalyzing the market for flavors in India. Besides this, the introduction of several stringent norms by the Food Safety and Standards Authority of India (FSSAI) regarding the quality of flavors used in processed food products is acting as another significant growth-inducing factor. Additionally, the elevating number of quick-service restaurants (QSRs) and the emerging café culture are further bolstering the demand for flavors. Moreover, the rising consumer concerns towards the negative health impact of chemical-based flavoring agents are propelling the adoption of natural ingredients-based flavors. In line with this, the emergence of various healthier product variants, including vegan and organic flavors, that contain 100% plant-based derivatives is expected to drive the India flavors market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India flavors market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, form and application.

Breakup by Product Type:

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Nature Identical
  • Artificial
  • Natural
     

Breakup by Form:

  • Liquid
  • Dry
     

Breakup by Application:

  • Beverages
  • Savouries and Snacks
  • Confectionery Products
  • Bakery Products
  • Dairy and Frozen Desserts
  • Others
     

Breakup by Region:

  • South India
  • North India
  • West and Central India
  • East India
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Doehler India Pvt.Ltd, Firmenich Aromatics (India) Private Limited, Flavaroma Flavors and Fragrances Private Limited, Givaudan (India) Private Limited (Givaudan SA), Gupta & Company (P) Limited, International Flavors and Fragrances India Pvt. Ltd, Kerry Ingredients India (P) Ltd, Keva Flavours Pvt. Ltd. (S. H. KELKAR & Co. Ltd.), MANE Flavor & Fragrance Manufacturer, Oriental Aromatics Limited, Sacheerome Private Limited, Symrise Private Limited (Symrise AG), Synthite Industries Ltd, Ultra International Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units INR Crore
Segment Coverage Product Type, Form, Application, Region
Region Covered South India, North India, West and Central India, East India
Companies Covered Doehler India Pvt.Ltd, Firmenich Aromatics (India) Private Limited, Flavaroma Flavors and Fragrances Private Limited, Givaudan (India) Private Limited (Givaudan SA), Gupta & Company (P) Limited, International Flavors and Fragrances India Pvt. Ltd, Kerry Ingredients India (P) Ltd, Keva Flavours Pvt. Ltd. (S. H. KELKAR & Co. Ltd.), MANE Flavor & Fragrance Manufacturer, Oriental Aromatics Limited, Sacheerome Private Limited, Symrise Private Limited (Symrise AG), Synthite Industries Ltd, Ultra International Limited.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the India flavors market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the India flavors industry?
  • What has been the impact of COVID-19 on the India flavors industry?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the India flavors industry?
  • What are the key driving factors and challenges in the India flavors industry?
  • What is the structure of the India flavors industry and who are the key players?
  • What is the degree of competition in the India flavors industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    India Flavors Market
    5.1    Market Performance
    5.2    Impact of COVID-19
    5.3    Market Forecast
6    Market Breakup by Product Type 
    6.1   Nature Identical
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Artificial
        6.2.1 Market Trends
        6.2.2 Market Forecast 
    6.3    Natural
        6.3.1 Market Trends
        6.3.2 Market Forecast 
7    Market Breakup by Form 
    7.1    Liquid
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Dry
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application 
    8.1    Beverages
        8.1.1 Market Trends
        8.1.2 Market Forecast 
        8.1.3 Market Breakup by Product Type
        8.1.4 Market Breakup by Key Players
    8.2    Bakery Products
        8.2.1 Market Trends
        8.2.2 Market Forecast 
        8.2.3 Market Breakup by Product Type
        8.2.4 Market Breakup by Key Players
    8.3    Confectionery Products
        8.3.1 Market Trends
        8.3.2 Market Forecast 
        8.3.3 Market Breakup by Product Type
        8.3.4 Market Breakup by Key Players
    8.4    Dairy and Frozen Desserts
        8.4.1 Market Trends
        8.4.2 Market Forecast 
        8.4.3 Market Breakup by Product Type
        8.4.4 Market Breakup by Key Players
    8.5    Savories and Snacks
        8.5.1 Market Trends
        8.5.2 Market Forecast 
        8.5.3 Market Breakup by Product Type
        8.5.4 Market Breakup by Key Players
   8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region 
    9.1    North India
        9.1.1 Market Trends
        9.1.2 Market Breakup by States 
        9.1.3 Market Forecast
    9.2    West and Central India
        9.2.1 Market Trends
        9.2.2 Market Breakup by States
        9.2.3 Market Forecast 
    9.3    South India
        9.3.1 Market Trends
        9.3.2 Market Breakup by States 
        9.3.3 Market Forecast 
    9.4    East India
        9.4.1 Market Trends
        9.4.2 Market Breakup by States
        9.4.3 Market Forecast 
10    SWOT Analysis
    10.1    Strengths
    10.2    Weaknesses
    10.3    Opportunities
    10.4    Threats 
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Competitive Landscape
    13.1    Market Structure
    13.1    Key Players
    13.1    Profile of Key Players
        13.3.1    Doehler India Pvt. Ltd.
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
        13.3.2    Firmenich Aromatics (India) Private Limited
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
        13.3.3    Flavaroma Flavors and Fragrances Private Limited
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio 
        13.3.4    Givaudan (India) Private Limited (Givaudan SA)
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
        13.3.5    Gupta & Company (P) Limited
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
        13.3.6    International Flavors and Fragrances India Pvt. Ltd.
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
        13.3.7    Kerry Ingredients India (P) Ltd.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    Keva Flavours Pvt. Ltd. (S. H. KELKAR & Co. Ltd.)
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
        13.3.9    MANE Flavor & Fragrance Manufacturer
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
        13.3.10    Oriental Aromatics Limited
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
        13.3.11    Sacheerome Private Limited
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio
        13.3.12    Symrise Private Limited (Symrise AG)
           13.3.12.1 Company Overview
           13.3.12.2 Product Portfolio
        13.3.13    Synthite Industries Ltd.
           13.3.13.1 Company Overview
           13.3.13.2 Product Portfolio
        13.3.14    Ultra International Limited
           13.3.14.1 Company Overview
           13.3.14.2 Product Portfolio

List of Figures

Figure 1: India: Flavors Market: Major Drivers and Challenges
Figure 2: India: Flavors Market: Sales Value (in INR Crore), 2016-2021 
Figure 3: India: Flavors Market: Breakup by Product Type (in %), 2021
Figure 4: India: Flavors Market: Breakup by Form (in %), 2021 
Figure 5: India: Flavors Market: Breakup by Application (in %), 2021
Figure 6: India: Flavors Market: Breakup by Region (in %), 2021
Figure 7: India: Flavors Market Forecast: Sales Value (in INR Crore), 2022- 2027
Figure 8: India: Flavors (Nature Identical) Market: Sales Value (in INR Crore), 2016 & 2021
Figure 9: India: Flavors (Nature Identical) Market Forecast: Sales Value (in INR Crore), 2022-2027
Figure 10: India: Flavors (Artificial) Market: Sales Value (in INR Crore), 2016 & 2021
Figure 11: India: Flavors (Artificial) Market Forecast: Sales Value (in INR Crore), 2022-2027
Figure 12: India: Flavors (Natural) Market: Sales Value (in INR Crore), 2016 & 2021
Figure 13: India: Flavors (Natural) Market Forecast: Sales Value (in INR Crore), 2022-2027
Figure 14: India: Flavors (Liquid) Market: Sales Value (in INR Crore), 2016 & 2021
Figure 15: India: Flavors (Liquid) Market Forecast: Sales Value (in INR Crore), 2022-2027
Figure 16: India: Flavors (Dry) Market: Sales Value (in INR Crore), 2016 & 2021
Figure 17: India: Flavors (Dry) Market Forecast: Sales Value (in INR Crore), 2022-2027
Figure 18: India: Flavors (Beverages) Market: Sales Value (in INR Crore), 2016 & 2021
Figure 19: India: Flavors (Beverages) Market Forecast: Sales Value (in INR Crore), 2022-2027
Figure 20: India: Flavors (Beverages) Market: Breakup by Product Type (in %), 2021
Figure 21: India: Flavors (Beverages) Market: Breakup by Key Players (in %), 2021
Figure 22: India: Flavors (Bakery Products) Market: Sales Value (in INR Crore), 2016 & 2021
Figure 23: India: Flavors (Bakery Products) Market Forecast: Sales Value (in INR Crore), 2022-2027
Figure 24: India: Flavors (Bakery Products) Market: Breakup by Product Type (in %), 2021
Figure 25: India: Flavors (Bakery Products) Market: Breakup by Key Players (in %), 2021
Figure 26: India: Flavors (Confectionery Products) Market: Sales Value (in INR Crore), 2016 & 2021
Figure 24: India: Flavors (Confectionery Products) Market Forecast: Sales Value (in INR Crore), 2022-2027
Figure 28: India: Flavors (Confectionery Products) Market: Breakup by Product Type (in %), 2021
Figure 29: India: Flavors (Confectionery Products) Market: Breakup by Key Players (in %), 2021
Figure 30: India: Flavors (Dairy and Frozen Desserts) Market: Sales Value (in INR Crore), 2016 & 2021
Figure 31: India: Flavors (Dairy and Frozen Desserts) Market Forecast: Sales Value (in INR Crore), 2022-2027
Figure 32: India: Flavors (Dairy and Frozen Desserts) Market: Breakup by Product Type (in %), 2021
Figure 33: India: Flavors (Dairy and Frozen Desserts) Market: Breakup by Key Players (in %), 2021
Figure 34: India: Flavors (Savories and Snacks) Market: Sales Value (in INR Crore), 2016 & 2021
Figure 35: India: Flavors (Savories and Snacks) Market Forecast: Sales Value (in INR Crore), 2022-2027
Figure 36: India: Flavors (Savories and Snacks) Market: Breakup by Product Type (in %), 2021
Figure 37: India: Flavors (Savories and Snacks) Market: Breakup by Key Players (in %), 2021
Figure 38: India: Flavors (Others) Market: Sales Value (in INR Crore), 2016 & 2021
Figure 39: India: Flavors (Others) Market Forecast: Sales Value (in INR Crore), 2022-2027
Figure 40: North India: Flavors Market: Sales Value (in INR Crore), 2016 & 2021
Figure 41: North India: Flavors Market: Breakup by States (in %), 2021
Figure 42: North India: Flavors Market Forecast: Sales Value (in INR Crore), 2022-2027 
Figure 43: West & Central India: Flavors Market: Sales Value (in INR Crore), 2016 & 2021
Figure 44: West & Central India: Flavors Market: Breakup by States (in %), 2021
Figure 45: West & Central India: Flavors Market Forecast: Sales Value (in INR Crore), 2022-2027 
Figure 46: South India: Flavors Market: Sales Value (in INR Crore), 2016 & 2021
Figure 47: South India: Flavors Market: Breakup by States (in %), 2021
Figure 48: South India: Flavors Market Forecast: Sales Value (in INR Crore), 2022-2027 
Figure 49: East India: Flavors Market: Sales Value (in INR Crore), 2016 & 2021
Figure 50: East India: Flavors Market: Breakup by States (in %), 2021
Figure 51: East India: Flavors Market Forecast: Sales Value (in INR Crore), 2022-2027 
Figure 52: India: Flavors Industry: SWOT Analysis
Figure 53: India: Flavors Industry: Value Chain Analysis 
Figure 54: India: Flavors Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Flavors Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Flavors Market: Breakup by Product Type (in INR Crore), 2016 & 2021
Table 3: India: Flavors Market Forecast: Breakup by Product Type (in INR Crore), 2022-2027
Table 4: India: Flavors Market: Breakup by Form (in INR Crore), 2016 & 2021
Table 5: India: Flavors Market Forecast: Breakup by Form (in INR Crore), 2022-2027
Table 6: India: Flavors Market: Breakup by Application (in INR Crore), 2016 & 2021
Table 7: India: Flavors Market Forecast: Breakup by Application (in INR Crore), 2022-2027
Table 8: India: Flavors Market: Breakup by Region (in INR Crore), 2016 & 2021
Table 9: India: Flavors Market Forecast: Breakup by Region (in INR Crore), 2022-2027
Table 10: India: Flavors Market: Key Price Indicators
Table 11: India: Flavors Market: Market Structure
Table 12: India: Flavors Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2299

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links